Lead Trend Today Technical Analysis for 02-12-2019 13:00:04

by wealthmann

December 2, 2019

24

In 1 hour chart Lead price continues to trade at 153.65 and below the (Exponential Moving Average)EMA200 value of 154.981 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Lead continues to trade below level, that could be an extraordinarily Bearish sign for Lead

Even so, the 200-candle Exponential moving average (EMA) price range of 154.981 is proving a tough nut to crack.

Pivot (invalidation): 154.55

Our preference: Long positions above 155.1

Alternative scenario: Below 153.45 look for further downside.

Support Resistance Levels For Lead Today at 02-12-2019 13:00:04

Pivot: 154.55

Resistance 1: 155.1

Resistance 2: 156.2

Resistance 3: 156.75

Support 1: 153.45

Support 2: 152.9

Support 3: 151.8

Yesterday High Low Close For Lead

Yesterday High: 155.65

Yesterday Low: 154

Yesterday Close: 154

Today at 02-12-2019 13:00:04 Lead trading at 153.65 with high of 153.95 and low of 153.35